|Day Low/High||57.35 / 58.83|
|52 Wk Low/High||6.01 / 49.49|
A basket of 38 restaurant stocks I track (large and small) is up about 20% for the year.
It's been a solid year for restaurant stocks so far, especially for these 3 names.
Let's check the charts and indicators of BJRI to see if they look bullish.
Apart from big chains, very few restaurant companies have done well.
Some of the big names are doing well, but it has been a struggle for many others, include Ruby Tuesday.
Here are three stocks that institutional investors have been unloading, and you should, too.
It's best to beat a hasty retreat when an expected event occurs that offsets the logical reasons for shorting a stock in the first place.
As much as some people may want it, constantly winning on the long side is not feasible.
Sometimes you just can't unlock a good stock's underlying worth.
There could be consolidations, or perhaps a bankruptcy soon.
How did I do in the recent market madness? Hint: It ain't pretty.
The food sector still shows relative strength and decent setups.
Stocks were kicked in the face pre- and post-Fed decision, so raise more cash now.
Buy a stock with a huge multiple -- as Lululemon carries now -- is always a risky proposition.
Del Frisco could be hurt if the economy stalls, but Chuy's affordable menu seems recession proof.
With so many names reporting this week, it's easy to miss good opportunities for outsized plays. Here's what I'm lloking at today.
When hunting for plays, always look at the larger trend -- and use this particular strategy right now.